Formosa Plastics Dividend
Dividend criteria checks 3/6
Formosa Plastics is a dividend paying company with a current yield of 6.1%.
Key information
6.1%
Dividend yield
940%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NT$1.15 |
| Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
Recent updates
Formosa Plastics (TWSE:1301) Is Making Moderate Use Of Debt
Apr 23
Formosa Plastics Corporation (TWSE:1301) Analysts Are More Bearish Than They Used To Be
Mar 28Formosa Plastics' (TWSE:1301) Anemic Earnings Might Be Worse Than You Think
Mar 14What You Can Learn From Formosa Plastics Corporation's (TWSE:1301) P/S
Feb 26Investors In Formosa Plastics Corporation (TPE:1301) Should Consider This, First
Apr 17Will The ROCE Trend At Formosa Plastics (TPE:1301) Continue?
Mar 18Are Investors Undervaluing Formosa Plastics Corporation (TPE:1301) By 34%?
Feb 27Formosa Plastics (TPE:1301) Has Compensated Shareholders With A Respectable 53% Return On Their Investment
Feb 06
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1301's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1301's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Formosa Plastics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1301) | 6.1% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.6% |
| Industry Average (Chemicals) | 4.0% |
| Analyst forecast in 3 Years (1301) | 4.6% |
Notable Dividend: 1301's dividend (6.1%) is higher than the bottom 25% of dividend payers in the TW market (1.85%).
High Dividend: 1301's dividend (6.1%) is in the top 25% of dividend payers in the TW market (4.6%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (939.5%), 1301's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1301 is paying a dividend but the company has no free cash flows.